TITLE

San Diego Tallies OPEBs

AUTHOR(S)
Saskal, Rich
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/17/2006, Vol. 355 Issue 32341, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Report
ABSTRACT
The article reports on the total unfunded accrued actuarial liability by San Diego, California, based on a report commissioned from Towers Perrin in 2005. According to San Diego Mayor Jerry Sanders, its release makes the city one of the first cities to place an actuarial value on its other post-employed benefits liabilities. He also notes that the city does not offer retiree health care benefits to employees hired after July 1, 2005.
ACCESSION #
20232903

 

Related Articles

  • Interest rate decline has forced changes in retirement benefit accounting.  // Corporate Board;May/Jun94, Vol. 15 Issue 86, p28 

    Reports on the study by Towers Perrin which shows that interest rate decline has forced companies to review or revise their retirement benefit accounting. Reduction of FAS 87 and FAS 106 discount rate assumptions; Survey of Fortune 500 companies concerning their choice of key economic...

  • Cost increase rate slows--survey. Pallarito, Karen; Burda, David // Modern Healthcare;5/30/94, Vol. 24 Issue 22, p6 

    Presents the results of a survey on rates of increases in healthcare benefits costs conducted by the New York-based benefits consulting firm Towers Perrin. Health benefits for employees in indemnity plans, preferred provider organizations and point-of-service plans; Rates of increase in retiree...

  • Buyers Often Overlook Foreign D&O Exposures, Study Finds. Brady, Matt // National Underwriter / P&C;7/7/2008, Vol. 112 Issue 26, p25 

    The article focuses on the survey regarding the liability risks among the company directors and officers outside the U.S. According to survey conducted by the Towers Perrin, D&O premiums in 2007 declined by an averaged 14 percent last year-an even sharper fall than the 4 percent drop in 2006....

  • Investment consulting clients asked to limit firm' liabilities. Anand, Vineeta // Pensions & Investments;10/28/2002, Vol. 30 Issue 22, p2 

    Reports that Watson Wyatt Worldwide, Towers Perrin and Milliman USA are asking pension fund clients to accept limits on their liability from investment consulting. Reason behind asking for limits of liability; Comments of director of Atlanta office of Watson Wyatt Brian E. Hersey on the issue;...

  • Performance link with engagement grows. Crawley, Jim // Employee Benefits;Jun2007 Supplement, p7 

    The article discusses the link between employee engagement and performance in Great Britain. Solid research points to the strong belief by engaged individuals that they have a great influence costs, revenues and the equality of customer service. Furthermore, Tower Perrin is developing an...

  • Healthcare costs. Singleton-Green, Brian // Accountancy;Nov93, Vol. 112 Issue 1203, p27 

    This article focuses on Urgent Issue Task Force 6 (UITF), entitled Accounting for Post-Retirement Benefits Other Than Pensions, which was released in Great Britain in 1992. UITF 6 required companies first to disclose any liability for post-retirement benefits and then to incorporate it in the...

  • S&P: OPEB Liability Is Stabilizing, But Funding Remains Low. Zhang, Dian // Investment Management Mandate Pipeline;11/18/2014, p2 

    Total unfunded state other postemployment benefit liabilities are stable from last year, despite low funding ratios, according to a report released Monday by Standard & Poor's.

  • Tillinghast offers TPA benchmarks.  // Business Insurance;02/15/99, Vol. 33 Issue 7, p55 

    Reports on Tillinghast-Towers Perrin's release of a guidebook that helps employers on the selection of an insurance third-party administrator (TPA). Aim of the guidebook to guide the reader in establishing and maintaining a long-term partnership with a TPA.

  • Towers Perrin, employers start Medicare HMO plan.  // Best's Review / Life-Health Insurance Edition;Aug95, Vol. 96 Issue 4, p12 

    Informs that a group of 50 employers led by Towers Perrin has started a national initiative to give Medicare-eligible retirees the option of joining selected health maintenance organizations (HMO). The National Medicare HMO Initiative.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics